Call reports 2021
CITIZENS BANK OF THE SOUTH — 2021
What CITIZENS BANK OF THE SOUTH reported to the FFIEC in 2021, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2021Q1 | 2021Q2 | 2021Q3 | 2021Q4 |
|---|---|---|---|---|
| Total assets | 312,463,000 | 319,247,000 | 326,282,000 | 325,084,000 |
| Total loans | 200,523,000 | 201,069,000 | 202,621,000 | 198,938,000 |
| Allowance for loan losses | 2,598,000 | 2,567,000 | 2,532,000 | 2,756,000 |
| Securities available for sale | 32,924,000 | 33,074,000 | 32,814,000 | 42,775,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 280,241,000 | 285,864,000 | 292,072,000 | 291,273,000 |
| Interest-bearing deposits | 182,635,000 | 186,826,000 | 187,620,000 | 183,373,000 |
| Noninterest-bearing deposits | 97,606,000 | 99,038,000 | 104,452,000 | 107,900,000 |
| Equity capital | 31,669,000 | 32,248,000 | 32,958,000 | 32,694,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2021Q1 | 2021Q2 | 2021Q3 | 2021Q4 |
|---|---|---|---|---|
| Interest income | 2,979,000 | 5,963,000 | 8,937,000 | 12,354,000 |
| Interest expense | 144,000 | 270,000 | 375,000 | 472,000 |
| Net interest income | 2,835,000 | 5,693,000 | 8,562,000 | 11,882,000 |
| Noninterest income | 254,000 | 549,000 | 857,000 | 1,151,000 |
| Noninterest expense | 2,130,000 | 4,438,000 | 6,674,000 | 8,894,000 |
| Provision for loan losses | 75,000 | 150,000 | 225,000 | 550,000 |
| Pretax income | 884,000 | 1,654,000 | 2,520,000 | 3,589,000 |
| Income tax | 217,000 | 413,000 | 602,000 | 784,000 |
| Net income | 667,000 | 1,241,000 | 1,918,000 | 2,805,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2021Q1 | 2021Q2 | 2021Q3 | 2021Q4 |
|---|---|---|---|---|
| Tier 1 capital | 31,849,000 | 32,422,000 | 33,100,000 | 33,103,000 |
| Total capital | 34,288,000 | 34,776,000 | 35,546,000 | 35,514,000 |
| Risk-weighted assets | 194,969,000 | 188,169,000 | 195,650,000 | 192,591,000 |